Introduction to Part II: Emerging Economies and Multinational Enterprises

Elitsa R. Banalieva, Laszlo Tihanyi, Timothy M. Devinney, Torben Pedersen

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    Abstract

    Do multinational enterprises evolve differently in emerging and developed economies? Although one camp argues that emerging economy multinationals are different from their developed country counterparts owing to the underdeveloped institutions in their home countries, another camp counters that they are the same and the existing international business theories can fully explain their strategies. A third camp suggests a more nuanced perspective by finding value in both approaches. In this introductory chapter, we review this debate and offer new perspectives on how to extend existing theories by accounting for four specific aspects of the home country institutional environments of emerging economies: breadth, depth, timing, and duration of exposure to institutional development. We then discuss how the chapters in this volume extend these ideas
    OriginalsprogEngelsk
    TitelEmerging Economies and Multinational Enterprises
    RedaktørerLaszlo Tihanyi, Elitsa R. Banalieva, Timothy M. Devinney, Torben Pedersen
    Antal sider25
    Vol/bind28
    UdgivelsesstedBingley
    ForlagEmerald Group Publishing
    Publikationsdato2015
    Sider45-69
    ISBN (Trykt)9781784417406
    ISBN (Elektronisk)9781784417390
    DOI
    StatusUdgivet - 2015

    Emneord

    • Emerging market multinationals
    • Home country institutions
    • Firm-specific advantages

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